Securely processing a contingent action token

Abstract

A method executed by a computing device includes determining whether baseline content associated with a longevity-contingent instrument is qualified for a proposed a non-fungible token (NFT) for an object distributed ledger. The baseline content includes an obligation provider identifier (ID) and an outcome recipient ID. When the baseline content is qualified, the method further includes determining an availability status for the NFT and establishing NFT content. The method further includes causing generation of a new block affiliated with the NFT via a blockchain of the object distributed ledger, where the new block includes the NFT content.

What is claimed is: 
     
         1 . A computer-implemented security method of using a computing system, the method comprises:
 determining, by a computing device of the computing system, whether baseline content associated with a longevity-contingent instrument is qualified for a proposed non-fungible token (NFT) for an object distributed ledger, wherein the baseline content includes an obligation provider identifier (ID) and an outcome recipient ID, wherein the obligation provider ID is associated with providing of an obligation tied to an obligation recipient ID in accordance with obligation requirements, wherein the outcome recipient ID is associated with a result of a triggered outcome tied to an outcome provider ID in accordance with contingent outcome rules and an obligation status, wherein a positive obligation status indicates that the obligation has historically been provided in accordance with the obligation requirements, wherein the determining whether the baseline content associated with the longevity-contingent instrument is qualified for the proposed NFT for the object distributed ledger includes:
 extracting, from an evaluation request with regards to the longevity-contingent instrument, one or more of a contingency entity ID, the outcome provider ID, a value of the result of the triggered outcome, obligation requirements, and the obligation recipient ID, 
 identifying an accreditation authority computing device of the computing system based on a first identified corresponding accreditation authority associated with the obligation recipient ID, 
 obtaining baseline validation information from the accreditation authority computing device for the baseline content, and 
 indicating that the baseline content is qualified when the baseline validation information is the same as the baseline content; and 
   when the baseline content is qualified:
 obtaining, by the computing device, approval with regards to availability status of the longevity-contingent instrument for a life insurance investment utilization; 
 establishing, by the computing device, NFT content to include the baseline content and the availability status to produce the NFT; and 
 causing, by the computing device, generation of a new block affiliated with the NFT via a blockchain of the object distributed ledger, wherein the new block includes the NFT content, wherein the causing the generation of the new block affiliated with the NFT via the blockchain of the object distributed ledger includes:
 obtaining a copy of the object distributed ledger, 
 hashing the NET content of the NFT utilizing a receiving public key of the object distributed ledger to produce a next transaction hash value, 
 encrypting the next transaction hash value utilizing a private key of the computing device to produce a next transaction signature, 
 generating a next block of the blockchain of the object distributed ledger to include the NFT content and the next transaction signature, and 
 causing inclusion of the next block as the new block in the object distributed ledger. 
 
   
     
     
         2 . The method of  claim 1 , wherein the obtaining the approval with regards to the availability status of the longevity-contingent instrument for the life insurance investment utilization comprises:
 identifying the availability status based on one or more of the baseline content and a user input with regards to disposition of the longevity-contingent instrument, wherein the disposition of the longevity-contingent instrument includes idling without a utilization, a life insurance investment utilization, and a life settlement utilization, wherein the availability status includes at least two of: unavailable, available within a first timeframe for a set of utilizations, and available within a second timeframe for a second set of utilizations; and   interpreting the availability status to produce an exposure level, wherein the exposure level includes one of hidden without exposure, a private portion of the object distributed ledger, and a public portion of the object distributed ledger.   
     
     
         3 . The method of  claim 2 , wherein the establishing the NFT content to include the baseline content and the availability status for the NFT comprises:
 identifying a portion of the object distributed ledger based on the exposure level; and   generating the NFT content for the portion of the object distributed ledger utilizing the baseline content.   
     
     
         4 . A computing device of a computing system, the computing device comprises:
 an interface;   a local memory; and   a processing module operably coupled to the interface and the local memory, wherein the processing module executes operational instructions stored in the local memory and functions to:
 determine whether baseline content associated with a longevity-contingent instrument is qualified for a proposed non-fungible token (NFT) for an object distributed ledger, wherein the baseline content includes an obligation provider identifier (ID) and an outcome recipient ID, wherein the obligation provider ID is associated with providing of an obligation tied to an obligation recipient ID in accordance with obligation requirements, wherein the outcome recipient ID is associated with a result of a triggered outcome tied to an outcome provider ID in accordance with contingent outcome rules and an obligation status, wherein a positive obligation status indicates that the obligation has historically been provided in accordance with the obligation requirements, wherein the processing module determines whether the baseline content associated with the longevity-contingent instrument is qualified for the proposed NFT for the object distributed ledger by:
 extracting, from an evaluation request with regards to the longevity-contingent instrument, one or more of a contingency entity ID, the outcome provider ID, a value of the result of the triggered outcome, obligation requirements, and the obligation recipient ID, 
 identifying an accreditation authority computing device of the computing system based on a first identified corresponding accreditation authority associated with the obligation recipient ID, 
 obtaining, via the interface, baseline validation information from the accreditation authority computing device for the baseline content, and 
 indicating that the baseline content is qualified when the baseline validation information is the same as the baseline content; and 
 
 when the baseline content is qualified:
 obtain approval with regards to availability status of the longevity-contingent instrument for a life insurance investment utilization; 
 establish NFT content to include the baseline content and the availability status to produce the NFT; and 
 cause generation of a new block affiliated with the NFT via a blockchain of the object distributed ledger, wherein the new block includes the NFT content, wherein the processing module causes the generation of the new block affiliated with the NFT via the blockchain of the object distributed ledger by:
 obtaining, via the interface, a copy of the object distributed ledger, 
 hashing the NFT content of the NFT utilizing a receiving public key of the object distributed ledger to produce a next transaction hash value, 
 encrypting the next transaction hash value utilizing a private key of the computing device to produce a next transaction signature, 
 generating a next block of the blockchain of the object distributed ledger to include the NFT content and the next transaction signature, and 
 causing, via the interface, inclusion of the next block as the new block in the object distributed ledger. 
 
 
   
     
     
         5 . The computing device of  claim 4 , wherein the processing module functions to obtain the approval with regards to the availability status of the longevity-contingent instrument for the life insurance investment utilization by:
 identifying the availability status based on one or more of the baseline content and a user input with regards to disposition of the longevity-contingent instrument, wherein the disposition of the longevity-contingent instrument includes idling without a utilization, a life insurance investment utilization, and a life settlement utilization, wherein the availability status includes at least two of: unavailable, available within a first timeframe for a set of utilizations, and available within a second timeframe for a second set of utilizations; and   interpreting the availability status to produce an exposure level, wherein the exposure level includes one of hidden without exposure, a private portion of the object distributed ledger, and a public portion of the object distributed ledger.   
     
     
         6 . The computing device of  claim 5 , wherein the processing module functions to establish the NFT content to include the baseline content and the availability status for the NFT by:
 identifying a portion of the object distributed ledger based on the exposure level; and   generating the NFT content for the portion of the object distributed ledger utilizing the baseline content.   
     
     
         7 . A non-transitory computer readable memory comprises:
 a first memory element that stores operational instructions that, when executed by a processing module of a computing device of a computing system, causes the processing module to:
 determine whether baseline content associated with a longevity-contingent instrument is qualified for a proposed non-fungible token (NFT) for an object distributed ledger, wherein the baseline content includes an obligation provider identifier (ID) and an outcome recipient ID, wherein the obligation provider ID is associated with providing of an obligation tied to an obligation recipient ID in accordance with obligation requirements, wherein the outcome recipient ID is associated with a result of a triggered outcome tied to an outcome provider ID in accordance with contingent outcome rules and an obligation status, wherein a positive obligation status indicates that the obligation has historically been provided in accordance with the obligation requirements, wherein the processing module determines whether the baseline content associated with the longevity-contingent instrument is qualified for the proposed NFT for the object distributed ledger by:
 extracting, from an evaluation request with regards to the longevity-contingent instrument, one or more of a contingency entity ID, the outcome provider ID, a value of the result of the triggered outcome, obligation requirements, and the obligation recipient ID, 
 identifying an accreditation authority computing device of the computing system based on a first identified corresponding accreditation authority associated with the obligation recipient ID, 
 obtaining baseline validation information from the accreditation authority computing device for the baseline content, and 
 indicating that the baseline content is qualified when the baseline validation information is the same as the baseline content; and 
 
   a second memory element that stores operational instructions that, when executed by the processing module, causes the processing module to:
 when the baseline content is qualified:
 obtain approval with regards to availability status of the longevity-contingent instrument for a life insurance investment utilization; 
 establish NFT content to include the baseline content and the availability status to produce the NFT; and 
 cause generation of a new block affiliated with the NFT via a blockchain of the object distributed ledger, wherein the new block includes the NFT content, wherein the processing module causes the generation of the new block affiliated with the NFT via the blockchain of the object distributed ledger by:
 obtaining a copy of the object distributed ledger, 
 hashing the NFT content of the NFT utilizing a receiving public key of the object distributed ledger to produce a next transaction hash value, 
 encrypting the next transaction hash value utilizing a private key of the computing device to produce a next transaction signature, 
 generating a next block of the blockchain of the object distributed ledger to include the NFT content and the next transaction signature, and 
 causing inclusion of the next block as the new block in the object distributed ledger. 
 
 
   
     
     
         8 . The non-transitory computer readable memory of  claim 7 , wherein the processing module functions to execute the operational instructions stored by the second memory element to cause the processing module to obtain the approval with regards to the availability status of the longevity-contingent instrument for the life insurance investment utilization by:
 identifying the availability status based on one or more of the baseline content and a user input with regards to disposition of the longevity-contingent instrument, wherein the disposition of the longevity-contingent instrument includes idling without a utilization, a life insurance investment utilization, and a life settlement utilization, wherein the availability status includes at least two of: unavailable, available within a first timeframe for a set of utilizations, and available within a second timeframe for a second set of utilizations; and   interpreting the availability status to produce an exposure level, wherein the exposure level includes one of hidden without exposure, a private portion of the object distributed ledger, and a public portion of the object distributed ledger.   
     
     
         9 . The non-transitory computer readable memory of  claim 8 , wherein the processing module functions to execute the operational instructions stored by the second memory element to cause the processing module to establish the NFT content to include the baseline content and the availability status for the NFT by:
 identifying a portion of the object distributed ledger based on the exposure level; and   generating the NFT content for the portion of the object distributed ledger utilizing the baseline content.